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Regarding Exemption to goods when imported into India from Japan

March 26, 2013 895 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in

Change in shareholding by 2% or more to be disclosed now even if resultant shareholding falls below 5%

March 26, 2013 2211 Views 0 comment Print

NOTIFICATION NO. LAD-NRO/GN/2012-13/36/7368, DATED 26-3-2013 In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to amend the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, namely:- 1. These regulations may […]

Notification No. 13/2013- Central Excise; dated: 25.03.2013

March 25, 2013 685 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India

Seeks to amend the notification No. 39/96 – Cus, dated 23rd July, 1996 to provide duty exemption to Project ASTRA

March 25, 2013 481 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further

FTP – Amendment in Notification related to prohibition on export of edible oils

March 25, 2013 1382 Views 0 comment Print

The prohibition will not apply to export of Peanut Butter, ITC (HS) Code 15179020. [This already stands notified at Sl. No. 10 of the Table in Para 1 of Notification No. 31(RE-2012)/2009-14 dated 4th February, 2013].

Amendment in Notification related to Prohibition on export of pulses

March 25, 2013 1880 Views 0 comment Print

Prohibition on export of pulses has been extended by one more year; from 31.03.2013 to 31.03.2014. But, there are two exceptions to this. One is export of Kabuli Chana. Second is export of Organic Pulses and lentils; but with a ceiling of 10,000 MTs per annum and subject to certain conditions mentioned above.

Private placement of Tax free Bonds – CBDT removes restriction on issue size

March 22, 2013 1910 Views 0 comment Print

Notification No. 23/2013 – Income Tax In exercise of the powers conferred by item (h) of sub clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes following further amendment to the notification of the Government of India, in the Ministry of

SEBI- KYC documents to the KRA – Scanned document to be furnished now

March 22, 2013 822 Views 0 comment Print

Provided that in the case of clients of a mutual fund, the Registrar to an Issue and Share Transfer Agent appointed by the mutual fund may perform the initial KYC/due diligence of the client, upload the KYC information with proper authentication on the system of the KRA, and furnish the scanned images of KYC documents to the KRA.

India-Argentina TIEA is effective from 28-1-13

March 22, 2013 2515 Views 0 comment Print

Notification No. 22/2013 – Income Tax Whereas, an Agreement between the Government of the Republic of India and the Government of the Argentine Republic for the exchange of information and assistance in collection with respect to taxes was signed at Argentina on the 21st day of November, 2011 (hereinafter referred to as the Agreement); And whereas, the date of entry into force of the Agreement is the 28th day of January, 2013, being the date of the later of the notifications of completion of the procedures as required by the respective laws for entry into force of the Agreement, in accordance with paragraph 2 of Article 13 of the Agreement;

Amendment in Rules Related to Acceptance of Deposits U/s. 58A

March 21, 2013 2309 Views 0 comment Print

The Regional Director or Registrd of Companies or any other officer of the Central Government shall be authorised to make complaints under sub-section (2) of section 58AAA of the Act.

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